5 Dover Street, Oakleigh East VIC 3166

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Calling all builders, investors and developers! This is one of the best investment opportunities to hit the Monash market this year.

With flat terrain and minimal planting, this land plot simply oozes potential. The huge block of land is around 725m2 in total and with an impressive 21-metre approx. frontage, it is the ideal spot for a multi-unit townhouse development (STCA).

A solidly built four-bedroom, one-bathroom home with lock-up garage, renovated kitchen and bathroom currently stands on the property, providing a short-term rental opportunity or a base from which to plan your dream development project.

This ever-popular residential area promises great returns on your investment. Surrounded by some of the most impressive infrastructure, easy access to the Monash Freeway, the Princess Highway and Monash University. Chadstone Shopping Centre is just a short way away, while Clayton/Huntingdale Station and the ever-growing Monash Hospital are within easy reach.

This is an ideally located allotment with bags of potential to buy, build and bump up your earnings. Your best investment in years!